PSEi - testing support


PSEi = 3667.87 (4.0%)

PSEi valiantly showed how bullish it was by closing above its support after breaching it intraday...

But the bears are the in control and will likely test and break that support tomorrow.

The bears were also able to make the PSEi gap down today. That gap would likely be a resistance level.

For the bulls to show us that they are in control, PSEi needs to form a white candle, a higher high and a higher low, a gap up would definitely make us rally with the bulls.


Support: 3664.63 (likely to be broken tomorrow)
Resistance: 3753.04 (gap down)

Good luck to all traders

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